STOCK TITAN

Lee Enterprises (LEE) director buys 5,566 shares in open-market trades

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

LEE ENTERPRISES, Inc director and ten percent owner David Henry Hoffmann reported buying a total of 5,566 shares of Common Stock in open-market purchases. The trades included 2,500 shares at $10.80, 1,500 shares at $10.47, and 1,566 shares at $9.82 per share. Following these transactions, he holds 11,522,808 shares directly and 618,900 shares indirectly through a trust.

Positive

  • None.

Negative

  • None.
Insider Hoffmann David Henry
Role null
Bought 5,566 shs ($58K)
Type Security Shares Price Value
Purchase Common Stock 1,566 $9.82 $15K
Purchase Common Stock 1,500 $10.47 $16K
Purchase Common Stock 2,500 $10.80 $27K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 11,522,808 shares (Direct, null); Common Stock — 618,900 shares (Indirect, By Trust)
Footnotes (1)
  1. [object Object]
Total shares purchased 5,566 shares Open-market purchases of Common Stock
June 11 purchase 1,566 shares at $9.82/share Common Stock open-market purchase
June 10 purchase 1,500 shares at $10.47/share Common Stock open-market purchase
June 9 purchase 2,500 shares at $10.80/share Common Stock open-market purchase
Direct holdings after trades 11,522,808 shares Common Stock owned directly after latest purchase
Indirect holdings by trust 618,900 shares Common Stock held indirectly by trust as of June 9
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
ten percent owner financial
""is_ten_percent_owner": 1"
weighted average purchase price financial
"the price reported reflects the weighted average purchase price"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hoffmann David Henry

(Last)(First)(Middle)
C/O LEE ENTERPRISES, INCORPORATED
4600 E. 53RD STREET

(Street)
DAVENPORT IOWA 52807

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LEE ENTERPRISES, Inc [ LEE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/09/2026P2,500A$10.811,519,742(1)D
Common Stock06/10/2026P1,500A$10.4711,521,242(1)D
Common Stock06/11/2026P1,566A$9.8211,522,808(1)D
Common Stock618,900IBy Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades and the price reported reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or security holder of the issuer, full information regarding the number of shares and prices at which the transaction as effected.
/s/ Timothy B. Gulbranson, Limited POA, Attorney-in-Fact06/11/2026
/s/ Patricia Garinger-Strickland, Limited POA, Attorney-in-Fact for The Jerrilyn M. Hoffmann Revocable Trust dated May 30, 200106/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did LEE (Lee Enterprises) disclose in this Form 4?

Lee Enterprises reported that director and ten percent owner David Henry Hoffmann bought 5,566 shares of Common Stock in open-market purchases over three days, increasing both his direct and indirect ownership stakes in the company.

How many LEE shares did David Henry Hoffmann buy and at what prices?

David Henry Hoffmann bought 5,566 LEE shares in total. The trades were 2,500 shares at $10.80, 1,500 shares at $10.47, and 1,566 shares at $9.82 per share in open-market purchases.

What is David Henry Hoffmann’s total share ownership in LEE after these trades?

After these trades, David Henry Hoffmann directly owns 11,522,808 Lee Enterprises shares and indirectly holds 618,900 shares through a trust, according to the Form 4 ownership figures reported for these transactions.

Is the LEE insider transaction a purchase or sale of shares?

The Form 4 reports only purchases. All three reported transactions are open-market buys of Lee Enterprises Common Stock, with no sales or derivative exercises disclosed in this filing’s transaction summary.

Does the LEE Form 4 mention any special trading arrangements or plans?

The filing notes that one transaction used a weighted average purchase price across multiple trades, but it does not reference any Rule 10b5-1 trading plan or pre-arranged trading arrangement in the provided footnote text.

How significant are these LEE insider purchases in share terms?

The insider bought 5,566 shares compared with direct holdings of 11,522,808 shares and 618,900 indirect shares. This indicates relatively small incremental buying versus his already large reported ownership position in Lee Enterprises.